July 09,2025 |By [ Selvarani M ]
.jpeg) |
| US President Trump announces 10% additional tariff |
President Trump announces 10% additional tariff on BRICS countries including India to come into effect from August 1, reciprocally for this head in SEO Keywords (Search Engine Optimization), Meta Description, and custom perma link, Enclosure Links, CTA Options ideas full details. An additional tariff is an extra tax imposed by a country on top of the existing import duties for goods coming from certain countries. It's used as a tool in trade policy, often for political or economic reasons. “BRICS countries — including India, China, Russia, and others — that adopt anti-American policies will face a 10% additional tariff on all their goods exported to the United States
Countries Potentially Affected (BRICS-10 as of 2025):
- Brazil
- Russia
- India
- China
- South
Africa
- Egypt
- Ethiopia
- Iran
- United
Arab Emirates (UAE)
- Indonesia
According
to information released by the Trump administration:
1. President Trump said on July 7 that
“negative policies of BRICS countries will be imposed on their domestic
products.
2. This is a special tax objective and
will not immediately affect all BRICS members; it will be imposed only if
“industrial or policy decisions are determined to be ‘anti-American’”.
3. Furthermore, it has been announced
that all additional tariffs /baseline reciprocal tariffs will be added to the
10% already enjoyed and will come into effect from August 1, 2025.
4. Before this, this tax was July 9;
but as of now, it has been changed to August 1, 2025.
5. US – President Donald Trump on BRICS
countries – including India 10% additional reciprocal tariff BRICS members will
not be immediately effective unless they follow negative US policies – a kind
of trigger-based condition for the new tax to be implemented from 01 August
2025
Shareholder
comments:
- While some countries, including
BRICS, have assured that they will not prove the plan to be “anti-American”,
some Americans are also considering it as a trade dry threat.
- Although the markets have been a bit
shocked in some areas, the practical effects are not yet clear.
Conclusion:
Trump’s announcement that the “10% additional tariff” should be implemented on BRICS countries will be implemented conditionally. The first phase of implementation will take effect from 1 August 2025.
-----------------------------------------------------------------------------------------------------
🌍 Read
Full Trade Analysis
🌍 See
How It Affects India
🌍 Subscribe
for Trade Alerts
🌍 Download
Tariff Timeline PDF
🌍 Compare Global Tariff Moves
.webp)
No comments:
Post a Comment